. >> i can tell you we're not going to hurt the budgets of education because we are an education modulated government and of course health and welfare. these are the budgets that we are going to try to keep the way they are. we think there's some room for some cuts in the defense budget. not too much unfortunately. we live in a very shaky neighborhood it's very detailed. in this god is in the details. >> the federal reserve is now saying that this is over and that's causing a great deal of volatility in the markets. how will that impact the israeli market? >> first, foremost, 26, 27% of these exports are to the united states so this is immediate. it's a good thing that we have this separated. i mean, 26% to the united states, 30 something to europe and the rest to the far east and the rest of the world which means we are balancing the way that one area of the world is in trouble or collapsing or the second 2008 is happening, we are better protected against this, but the united states is the biggest sister. whatever happens there influences us. of course, we were following bernanke's polici